| Product Code: ETC5365750 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia aluminum import trend exhibited significant growth from 2023 to 2024, with a remarkable increase of 800.0%. The compound annual growth rate (CAGR) for the period between 2020 and 2024 stood at 50.59%. This surge in imports can be attributed to a combination of factors such as increased demand for aluminum products in various industries, favorable trade policies, and a recovering market post-pandemic.

In the Asia region, the Aluminum market in Armenia is projected to expand at a high growth rate of 12.25% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Aluminum Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Aluminum Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Aluminum Market - Industry Life Cycle |
3.4 Armenia Aluminum Market - Porter's Five Forces |
3.5 Armenia Aluminum Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Armenia Aluminum Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.7 Armenia Aluminum Market Revenues & Volume Share, By End-users, 2022 & 2032F |
4 Armenia Aluminum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for aluminum in various industries such as construction, automotive, and packaging due to its lightweight and durable properties. |
4.2.2 Increasing investments in infrastructure projects in Armenia leading to higher demand for aluminum products. |
4.2.3 Rising focus on sustainability and environmentally friendly materials, driving the adoption of aluminum as a recyclable material. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as alumina and energy costs impacting the production costs of aluminum. |
4.3.2 Competition from other materials like steel and plastic which may hinder market growth. |
4.3.3 Economic instability and geopolitical factors affecting the overall market conditions and investment climate in Armenia. |
5 Armenia Aluminum Market Trends |
6 Armenia Aluminum Market Segmentations |
6.1 Armenia Aluminum Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Aluminum Market Revenues & Volume, By Primary, 2022-2032F |
6.1.3 Armenia Aluminum Market Revenues & Volume, By Secondary, 2022-2032F |
6.2 Armenia Aluminum Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Aluminum Market Revenues & Volume, By Flat Rolled, 2022-2032F |
6.2.3 Armenia Aluminum Market Revenues & Volume, By Castings? , 2022-2032F |
6.2.4 Armenia Aluminum Market Revenues & Volume, By Extrusions? , 2022-2032F |
6.2.5 Armenia Aluminum Market Revenues & Volume, By Forgings? , 2022-2032F |
6.2.6 Armenia Aluminum Market Revenues & Volume, By Pigments & Powder, 2022-2032F |
6.2.7 Armenia Aluminum Market Revenues & Volume, By Rod & Bar, 2022-2032F |
6.3 Armenia Aluminum Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Armenia Aluminum Market Revenues & Volume, By Transport, 2022-2032F |
6.3.3 Armenia Aluminum Market Revenues & Volume, By Building & Construction, 2022-2032F |
6.3.4 Armenia Aluminum Market Revenues & Volume, By Electrical Engineering, 2022-2032F |
6.3.5 Armenia Aluminum Market Revenues & Volume, By Consumer Goods, 2022-2032F |
6.3.6 Armenia Aluminum Market Revenues & Volume, By Foil & Packaging, 2022-2032F |
6.3.7 Armenia Aluminum Market Revenues & Volume, By Machinery & Equipment, 2022-2032F |
7 Armenia Aluminum Market Import-Export Trade Statistics |
7.1 Armenia Aluminum Market Export to Major Countries |
7.2 Armenia Aluminum Market Imports from Major Countries |
8 Armenia Aluminum Market Key Performance Indicators |
8.1 Energy efficiency improvements in aluminum production processes. |
8.2 Recycling rates of aluminum products in Armenia. |
8.3 Adoption of innovative technologies for aluminum manufacturing processes. |
8.4 Compliance with environmental regulations and sustainability practices in the aluminum industry. |
8.5 Investment in research and development for new aluminum products and applications. |
9 Armenia Aluminum Market - Opportunity Assessment |
9.1 Armenia Aluminum Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Armenia Aluminum Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.3 Armenia Aluminum Market Opportunity Assessment, By End-users, 2022 & 2032F |
10 Armenia Aluminum Market - Competitive Landscape |
10.1 Armenia Aluminum Market Revenue Share, By Companies, 2025 |
10.2 Armenia Aluminum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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